Rise of the "murse"

10/14/2013 | Quartz

Sales of men's handbags, known as "murses," are growing at twice the pace of the broader luxury market, with the niche expected to be worth $9 billion in worldwide sales this year. That's good news for luxury brands, analysts say, because as men warm to high-end handbags, they're likely to also embrace other luxury products.

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